Consumer sentiment in Florida showed resilience in May, despite a decline in national sentiment. According to a survey conducted by the University of Florida (UF) Bureau of Economic and Business Research, consumer sentiment in Florida decreased by two-tenths of a point to reach 73.1 in May, down from 73.3 in April. The decline in consumer sentiment was driven by Floridians' perceptions of current economic conditions. Views of personal financial situations compared to a year ago and opinions about whether it is a good time to buy major household items both decreased. However, expectations for personal finances a year from now increased, and outlooks for U.S. economic conditions over the next year saw a slight increase. In contrast, outlooks for U.S. economic conditions over the next five years decreased slightly. It is worth noting that people aged 60 and older expressed more favorable views across all five components of consumer sentiment, while those younger than 60 reported more pessimistic views [0169d61d] [d23189b2].